INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c

SIT-AT-HOME: SHOPS, SCHOOLS, OTHERS SHUN GOV SOLUDO'S DIRECTIVE, OBSERVE IPOB'S ORDER. (PHOTO).


 Sit-at-home: Shops, schools, others shun Soludo’s directive, observe IPOB’s order


Despite an order by the Anambra State Governor, Prof. Charles Soludo, directing businesses to open on Monday, traders in Awka town largely have complied with the sit-at-home order declared by the Indigenous People of Biafra (IPOB).


Economic activities were crippled in the state capital, and schoolchildren were turned back from school. All students who attended on Monday were asked to return home due to the sit-at-home directive.


Our reporter who visited Awka discovered that virtually all business offices and shops were locked. All banks, shops, and private establishments were closed for fear of being attacked.


In Awka, most shops were shut, and vehicles were off the roads, leaving only a few individuals to trek or forgo their engagements.


The reports from Onitsha and Nnewi and other major cities were the same.


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Oluwo chased me away like a child when I visited him – Ooni

Mrs. Uchenna Michael, a cyber cafe operator, told Daily Trust that she decided not to open her shop for fear of being attacked.


She mentioned that people were apprehensive because the government had failed to provide adequate security to boost confidence for operating without fear.


One of the tricycle drivers in Awka, Mr. Chuks Madu, stated that “only an unreasonable person would venture out on days like this when security is lacking.”


According to him, the government has not provided enough security to instill confidence in the people.

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